MindArk PE AB (publ) ("MindArk", the "Company") hereby announces that the Company's year-end report for 2023 and interim report for Q4 2023 have been published.
"As we bring 2023 to a close, it is gratifying to present a strong end to the year. The reorganization we carried out in Q2 and Q3 has translated into a strong boost in profitability in Q4. We can also note that our universe continues to grow. In the fourth quarter, the revenue increase attributable to Entropia Universe exceeded 27% compared to the same period last year."
Reporting period The report covers the period January 1 – December 31, 2023 and October 1 – December 31, 2023.
Group figures. Comparative figures in parentheses refer to the same period last year.
Group figures. Comparative figures in parentheses refer to the same period last year.
Significant events after the end of the reporting period No significant event after the end of the period.
The Company's financial statements, including the forthcoming report, are available on the Company's website, www.mindark.se/investor-relations/financial-reports/. It is available in a Swedish and an English version.
This information is such that MindArk PE AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation (EU No 596/2014). The information was submitted for publication, through the agency of the contact person indicated, at 08:00 CET on February 28, 2024.
MindArk PE AB (publ) (“the Company” or “MindArk”) develops and operates Entropia Universe, the world's first MMORPG (Massive Multiplayer Online Role-playing Game) with a “Real-Cash-Economy”, and Entropia Platform. Entropia Universe is a virtual universe consisting of a number of planets with different themes and activities. The software is provided globally and free of charge with the possibility to spend money in the virtual universe for anyone with access to PC and the internet. Entropia Universe consists of a digital economy where resources, materials, land, and buildings are represented as digital assets with an underlying base value. Entropia Platform is the technology platform that powers Entropia Universe. The platform is shared with partners who develop their own unique game content for their planets in Entropia Universe.